Some time ago I was taken to task about a liking for Hot Tuna.Well I hope the taskmaster is watching the screen !!!

beebusy

why would they? because MVC did that's the point. And they still might.

They have brought in Melissa Sturgess, She has helped the corporate development of a number of UK listed resources companies.

Sorry dont see the connection, why would a company already struggling, engage in a new venture at a time when mines themselves are in the doldrums with world demand for anything other than gold or silver at an all time low. My partner runs her own jewellery business, when she comes home tonight all tetchy I will suggest that she gets a mule and pick and goes a prospecting !!! And as for Melissa, which is greek for honey bee by the way, she can buy up any of my mining stock that she cares to, they are all the pits anyway.

beebusy

The reason there is a lot of interest in HTT at the moment is because of the appointment of Melissa Sturgess, punters know about MVC they were in trouble the sp was .20 they did a RTO of Orogen Gold Now ORE they have brought in a new board that know about GOLD and Gold mines. If HTT doesnt pull something out of the hat or go down the mining road then there is no hope.

(MVC) Medavinci was previously an investor in a group of portfolio companies focussed on innovative technologies, products and services within the Health and Wellness markets.

I suppose like all these things time will tell.I had an opportunity to get out while fimly ahead not so long ago,I took out two thirds and left the other in as a speculative punt, bet you know what my thoughts are now??

bb

It still looks good if I had the funds I would have a punt, if she can pull something, these could go up nicely.

Melissa Sturgess
Current directorships:
Carlton Resources Plc
Ethiopian Resources Limited
Nyota Minerals (UK) Limited
Nyota Minerals (Ethiopia) Limited
Past directorships:
Churchill Mining plc
Diamix plc (put into Voluntary Members Liquidation)
Sylvania Resources Limited
Washington Resources Limited

I think I will refrain, no use throwing good money after bad, and if she does turn it around I will be very happy with my lot. I have been watching my other little speculation OTC slowly subsiding like a poor souffle!!

bb

Yes that one is on my watch list it's not been doing well lately. Hope you have got some RRR and RGM tucked away.

No I plan to retire 2012 and ditch all this lot. Life is to short to spend watching charts etc. So what I have left I plan to phase out as and when or should I say if and when they get anyway near to breakeven or dare I say a profit.

bb

You will miss it, your be back have a nice retirement dont work to hard LOL.

Melissa Sturgess gone walkabout !! That marriage did not last long, Oh! to be one of the plentiful aussie flies on that boardroom wall.

bb

You were right theres no mining in T shirts not for this company. Fingers burnt for some.

Hmmm! now what are they going to do? Need to raise funds. No street cred. Exec that lasted as long as it took the ink to dry on her contract. Now if I was a Far Eastern clothing producer looking for a good brand name with little fingers in big pies. Total share value less than a 3rd rate bankers bonus. I would be licking my predatory lips.

Well, for better or worse I've bought some HTT this morning. Just a little dabble having sold some profts of my ABH.

with the SP at rock bottom this is purely a highly speculative play,,it could even go down further and eventually go bust! .... on the other hand..it could double/triple from here on any kind of good news! onwards & upwards!

Bet you make money on them!!

The next move to fill the vacancy left by Sturgess will be crucial.They have to scoure the market for somebody with the track record and the cahones to drive them forward in what is a very competetive market. If they find such a person, can they afford them? There is no doubt that if they do find the magic ingredient the market would respond in a positive mode. It remains a punt, but a cheap one with the possibility of being a nice little earner.A little block of 250,000 doesnt break even a church mouses bank but may come up trumps. DYOR!!

Hmmmm! all buys from 1000am until 1250 good volume to??

Now up over 11% and still all buys Buy ratio double the sell ratio,selling stopped at 1030 and been on a roll ever since.

they are to raise the capital they require with a new issue, be intresting to see if it will be over subscribed??

Let's hope it's a nice long hot dry sunny good surfing summer! oh! and lots of people take up surfing !

If this continues I will have to sell my baggies and surf in the buff !!